Rice, maize flour, new tires for my motorbike and tuition

Edward

Mazeras, Kenya

16% repaid

Entrepreneur

Name

Edward

Member since

August 2014

On-time repayments

247 installments  •  66%

About Me

my business is a retail shop that mainly sell goods like bread, blue band, biscuits,sugar,rice,milk among others , my services are on high demand since my prices are relatively low and hence can easily be acquired by middle and high class and low class individuals , customers also prefer my services since they are always clean and tidy and the services are offered from early in the morning upto very late in the night hence making my services accessible even to those that come home late unlike the competitor who opens the business late and closes early , my business is profitable since my suppliers provide me with the goods at a competitive price but my business also faces various challenges which are indirect for example poor road network and also on a bad week some goods will soil since i deal mostly;y with the perishables , on a good month i can make a total sales of upto 10,000/= with a profit of upto 2.000/=. if am granted the loan i will ensure that i increase my stock and expand my business

My Business

when am granted this loan i will make sure that purchase the above mentioned that is rice and wheat flour for my retail shop so as to increase my income and also to serve my customers with sufficient products and services . This will also make my capital increase to even purchase other products to fully stock my retail shop i therefore request lenders to please assist me raise this cash ....thank you the Zidisha team and the lenders for your support thank you edward njoroge.

Loan Proposal

If given the loan I will use USD 299.1 to buy different varieties of Rice. USD 199.4to buy different varieties of beans. USD 299.1to buy maize and wheat flour. USD 99.7to buy soft drinks. USD 99.7to buy tires for my motorbike. USD 99.7to buy detergents. Finally I will use USD 99.7to attend business workshop and buying books which help me to know acquire knowledge in the business sector. This will help me to meet customers requirements. I will be able to have a good profit which will help me to visit needy families and also expand my business and employ many youth .thank you in advance as you lend me

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,477.00

Date disbursed

May 31, 2018

Repayment status

Late

Projected term

17 months

Lenders

Tavin

Ottawa, Canada

B

BM

London, United Kingdom, United Kingdom

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

H

Haley

United States

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